Call reports 2010
BANK OF SMITHTOWN — 2010
What BANK OF SMITHTOWN reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 |
|---|---|---|---|
| Total assets | 2,427,868,000 | 2,305,410,000 | 2,276,313,000 |
| Total loans | 2,041,477,000 | 1,978,087,000 | 1,912,963,000 |
| Allowance for loan losses | 51,231,000 | 57,999,000 | 68,682,000 |
| Securities available for sale | 220,412,000 | 209,221,000 | 199,102,000 |
| Securities held to maturity | 66,000 | 33,000 | 33,000 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 1,873,877,000 | 1,824,432,000 | 1,815,365,000 |
| Interest-bearing deposits | 1,724,726,000 | 1,668,852,000 | 1,669,914,000 |
| Noninterest-bearing deposits | 149,151,000 | 155,580,000 | 145,451,000 |
| Equity capital | 158,929,000 | 132,722,000 | 113,142,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 |
|---|---|---|---|
| Interest income | 30,598,000 | 58,931,000 | 85,677,000 |
| Interest expense | 10,849,000 | 20,840,000 | 30,341,000 |
| Net interest income | 19,749,000 | 38,091,000 | 55,336,000 |
| Noninterest income | 2,411,000 | 4,860,000 | 7,330,000 |
| Noninterest expense | 13,287,000 | 28,577,000 | 43,102,000 |
| Provision for loan losses | 25,000,000 | 52,500,000 | 77,500,000 |
| Pretax income | -16,104,000 | -38,188,000 | -58,155,000 |
| Income tax | -2,956,000 | 3,210,000 | 2,661,000 |
| Net income | -13,148,000 | -41,398,000 | -60,816,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 |
|---|---|---|---|
| Tier 1 capital | 146,863,000 | 117,767,000 | 107,804,000 |
| Total capital | 188,441,000 | 167,803,000 | 147,629,000 |
| Risk-weighted assets | 1,891,324,000 | 1,802,063,000 | 1,717,795,000 |